Wed Dec 13 2023

Healthcare Transactions Transform: UPI Boost and Merchant Charges


Healthcare Transactions Transform: UPI Boost and Merchant Charges

Abstract

This article explores the transformative impact of recent changes in digital payments within the healthcare sector, focusing on the increased UPI payment limit and revised merchant fees for PPI transactions. The surge in the UPI limit to 5 lakhs facilitates seamless and larger transactions, while PPI transactions now incur a 1.1% charge, affecting hospitals' preferred payment methods. The web application Nice HMS stands out for its multimode payment acceptance, integrating UPI, checks, and bank transfers. As hospitals navigate these changes, finding the balance between digital convenience and managing merchant fees becomes crucial. The article equips healthcare professionals with insights for effective adaptation in this evolving landscape.

Dr Umesh Bilagi's Avatar

Dr Umesh Bilagi

Founder CEO of Nice HMS, reshaping healthcare management. MD DM in cardiology, with 2 private hospital launches and impactful government tenure. Fusing medical expertise and tech for superior care is my mission.


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